Refined Energy (Refined Energy) Interest Expense : $-0.01 Mil (TTM As of Dec. 2023)

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What is Refined Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Refined Energy's interest expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Refined Energy's Operating Income for the three months ended in Dec. 2023 was $ -0.07 Mil. Refined Energy's Interest Expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Refined Energy did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Refined Energy Interest Expense Historical Data

The historical data trend for Refined Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Refined Energy Interest Expense Chart

Refined Energy Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.45

-1.04

-0.05

-0.01

Refined Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Refined Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Refined Energy (OTCPK:RFMCF) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Refined Energy's Interest Expense for the three months ended in Dec. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Refined Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Refined Energy did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Refined Energy (Refined Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Refined Energy Corp (OTCPK:RFMCF) » Definitions » Interest Expense

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CWA0:Germany RMC:Canada

Address

1177 West Hastings Street, Suite 1930, Vancouver, BC, CAN, V6E 2K3

Website

https://refinedmetalscorp.com

Refined Metals Corp is a junior mining company dedicated to identifying, evaluating, and acquiring interests in mineral properties in North America. It has three properties, the Lac Simard Lithium Property in the Lac Simard Region of Quebec; the Rose Property located near Kamloops, British Columbia which is an exploration stage silver-gold-copper-zinc property and the Horizon South Property located in the endowed Big Smoky Valley basins in Esmeralda County, Nevada.